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Sep 6, 2012
09/12
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but it doesn't change what the most important part for amazon is, which is basically their broad e-commerce business. what's going to push this stock higher is the margins will go from 3% to 10%. that's the reason why people should be focused on it. >> all right. just give us the bottom line in terms of where you see the stock going in the next 12 months. >> next 12 months i think it's going higher because e-commerce and margins are going higher. >> all right, gene. good to see you. one stock falling more than 10% today, our own karen finerman called the slide weeks ago. stick around to see how she's managing that winni inning trad. much more "fast" straight ahead. [ male announcer ] trading's like a high-speed train. and you don't want to miss it with thinkorswim by td ameritrade. you get knock-your-socks-off tools, simple one-click orders, real-time paper trading to hone your skills, plus anytime you need it support. ♪ stocks, options, futures, and forex. get your trading on track. thinkorswim by td ameritrade. trade commission free for 60 days, plus get up to $600 when you open an acco
but it doesn't change what the most important part for amazon is, which is basically their broad e-commerce business. what's going to push this stock higher is the margins will go from 3% to 10%. that's the reason why people should be focused on it. >> all right. just give us the bottom line in terms of where you see the stock going in the next 12 months. >> next 12 months i think it's going higher because e-commerce and margins are going higher. >> all right, gene. good to...
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Sep 19, 2012
09/12
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products we're doing for local commerce. and we're still in the early innings of that opportunity. local commerce is a $3 trillion market. most local transactions do not involve groupon today. so even if we can get a very small piece of the overall local commerce market, we think we can build a great business over time. we're really focused on what we can do over the long term there. >> you say you're misunderstood by wall street. but specifically here you are launching a new business. is this going to convince wall street that the company's on track? i mean 70% down over a year. >> i think that this product improves the value proposition that we have former chants. we can use payments to help merchants save thousands of dollars a year over what they're paying today. that makes merchants more likely to want to have a lasting, sustained relationship with groupon, and run more deals with groupon. >> i understand tyler back in the studio wants to jump in here. >> mr. mason, given the slide in the value of the stock, slowing rev
products we're doing for local commerce. and we're still in the early innings of that opportunity. local commerce is a $3 trillion market. most local transactions do not involve groupon today. so even if we can get a very small piece of the overall local commerce market, we think we can build a great business over time. we're really focused on what we can do over the long term there. >> you say you're misunderstood by wall street. but specifically here you are launching a new business. is...
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Sep 18, 2012
09/12
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CSPAN
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he argued that previous commerce clause case. he is also the author of what i think is the best book and what has gone wrong with constitutional law and how can be fixed. next we will have the david rivkin. he represented the obama care sibere side. he has been legal adviser to george h. w. bush. you know him best from the daily op eds he publishes in "the wall street journal." he offered assessments of the ruling does much more dispassionate than i can muster. blaustein is next. he will tell us what the court adopted the theory that he presented in and does -- in his and it is brief. he said nfib went along way to clarify how this decision should be conceptualize. randy - >> thank you for inviting me here and thanks to the cato institute for having me. the legal challenge to the patient protection and affordable care act, known as obama care which i advocated as a law professor before representing the national federation of businesses was about two huge things -- setting the country from obama care and setting the constitution f
he argued that previous commerce clause case. he is also the author of what i think is the best book and what has gone wrong with constitutional law and how can be fixed. next we will have the david rivkin. he represented the obama care sibere side. he has been legal adviser to george h. w. bush. you know him best from the daily op eds he publishes in "the wall street journal." he offered assessments of the ruling does much more dispassionate than i can muster. blaustein is next. he...
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Sep 27, 2012
09/12
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CNBC
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facebook is making its first move into e-commerce. facebook gifts for the first time allows users to buy its first real products on the service, allowing users to buy gifts. facebook gives users the ability to take advantage of millions of users' birthday wishes. users can send gifts privately or publicly, and people receiving gifts can unwrap a virtual preview and open the real gift in person a few days later. this is designed to be easy, make it easy for users to spend money. users can pay right away or add payment details later. facebook does take a cut of all transactions. investors have been on lookout for facebook's crucial move into the revenue stream since the company acquired a mobile gifting app called karma back in may. the fact this is a native mobile appoints to the fact facebook is looking for new ways to make money from its growing mobile user base. though this is a test, maria, once people start inputting their credit cards into facebook, the potential for social commerce seems huge. back over to you. >> thank you, jul
facebook is making its first move into e-commerce. facebook gifts for the first time allows users to buy its first real products on the service, allowing users to buy gifts. facebook gives users the ability to take advantage of millions of users' birthday wishes. users can send gifts privately or publicly, and people receiving gifts can unwrap a virtual preview and open the real gift in person a few days later. this is designed to be easy, make it easy for users to spend money. users can pay...
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Sep 11, 2012
09/12
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you see bank of ireland up there and unicredit, commerce bank. >> yes, we do take some collective long positions. for example in italy where we see economy be more solid than in spain and not suffering from what spanish banks are exceeding. today the imf is supporting plan of investment from the esm into irish banks that would lighten up irish debt. there is a combination of bad policies aimeded a repping the regions and banks which are very large problems and structural problems in the economy like very high unemployment. so already a very bad macro situation, on top of that the government is persisting into policy stakes that haven't worked before. >> so selective risks. how about the noneurozone. banks. >> we've always been very positive because there's a better independent policy, many of these countries are a safe haven from the european crisis. on the other hand, the up side has become lower and lower has safe havens have become more popular. so the bonds from these banks now trade at half the extra spread than bonds in the semicore eurozone countries like france or the periphery
you see bank of ireland up there and unicredit, commerce bank. >> yes, we do take some collective long positions. for example in italy where we see economy be more solid than in spain and not suffering from what spanish banks are exceeding. today the imf is supporting plan of investment from the esm into irish banks that would lighten up irish debt. there is a combination of bad policies aimeded a repping the regions and banks which are very large problems and structural problems in the...
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Sep 5, 2012
09/12
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and m-commerce prices. >> we like amazon in mobilecom putting best. you mentioned apple. why not apple? it's the darling of the sect. >> sure. there's two concerns on apple. one is will r there any iphone 5s disappointments and people not happy with the innovations? most important thing is apple starting to get to a 20% level in the nasdaq 100. the etfs, mutual funds benched to that index and others starting to get to the point to look to rebalance as they did in 2010 if apple goes higher there could be substantial selloff. >> from etfs and mutual funds who are holders? thank you very much. sue, back to you. >> thank you. >>> well, the democratic convention has turned the pot light on charlotte, north carolina, this week. here's the economic drill down on the nation's 19th largest city. in just the past decade, nearly 7,000 firms have invested more than $12 billion in to the queen city thanks to its stronghold of finance, transportation and distribution. with a population of 772,000, metro charlotte currently has an unemployment rate of 9.8% and an av
and m-commerce prices. >> we like amazon in mobilecom putting best. you mentioned apple. why not apple? it's the darling of the sect. >> sure. there's two concerns on apple. one is will r there any iphone 5s disappointments and people not happy with the innovations? most important thing is apple starting to get to a 20% level in the nasdaq 100. the etfs, mutual funds benched to that index and others starting to get to the point to look to rebalance as they did in 2010 if apple goes...
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Sep 17, 2012
09/12
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. >> rbs and commerce bank are named. >> is the british public ready to sell their stake to a chinese company? i don't know. we're open for business, you but we need to see the profit on the table. >> the world's top designers have been showcasing their latest collections in london. i went down to check out the shows and find out just what the forecast is for the luxury market. asked vivian westwood where she sees pockets of growth. >> at the moment, it's in china. if you didn't have the chinese buying things, then the fashion business would be completely on the floor. it won't migrate to africa, you know. it's just not going to happen. by then, we'll be frying by then in this climate change. we've got to do things in between. if we do things in between, i don't know where we'll be in the future. but i have far too much product. the nation of the fashion business is that in order to support the nucleus of what you do, there are so many spinoffs that you have to have because it has to be subsidized by these spinoffs. what i do would lose money if it didn't up the spinoffs. i don't know
. >> rbs and commerce bank are named. >> is the british public ready to sell their stake to a chinese company? i don't know. we're open for business, you but we need to see the profit on the table. >> the world's top designers have been showcasing their latest collections in london. i went down to check out the shows and find out just what the forecast is for the luxury market. asked vivian westwood where she sees pockets of growth. >> at the moment, it's in china. if...
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Sep 28, 2012
09/12
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. >> reporter: members of the commerce and industry have visited capital this week. the group is headed by the chairman. they have meetings with vietnam's minister of industry and trade and the representative of the chairman of commerce. the goal is to expand their business in the country. following the recent japan protest he's growing anxious about china. employees with their own business were to remain inside their hotel. >> translator: i cannot easily dispel my risks about operating in china. it made me think we should start considering moving our business somewhere else. >> reporter: vietnam has been trying to end foreign problems. the timing couldn't be better for vietnam. >> translator: the people have positive feelings about japan. they are facing problems but we don't have to worry. in that sense there's no mental stress. >> reporter: east asian countries look impressive. >>> spanish leaders are poised to make stringent cuts in their latest budget plans. they too are tighten their belts. ramin, you showed us those pictures from greece. now this. >> reporter:
. >> reporter: members of the commerce and industry have visited capital this week. the group is headed by the chairman. they have meetings with vietnam's minister of industry and trade and the representative of the chairman of commerce. the goal is to expand their business in the country. following the recent japan protest he's growing anxious about china. employees with their own business were to remain inside their hotel. >> translator: i cannot easily dispel my risks about...
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Sep 27, 2012
09/12
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the great growth engine -- the great engine of growth that has supported global commerce for years. >> all aboard! >> including the darkest days of the dark recession. what's happened? stock market never quit, never stopped climbing. it's had a remarkable run with every sector leading the charge at one time or another. before i get into the big remonstrations for the evening. i have gotten the big picture right. the europe, the slowdown of china and the perma low growth, the united states. some income producers, growth names and stocks with solid dividend boosts and, of course, some gold. these have been the correct calls to make. i've stuck with this market because i believe europeans are not suicidal. so far so good on that front. at least of late. i believe chinese economy will simply come back by virtue of the fact there's a tremendous urban migration within china. i believe the federal reserve's stance, brought about you by ben bernanke, will serve as a bridge over fiscal cliff and not take us down. the federal stance will take higher paying dividend companies into gems, seeking
the great growth engine -- the great engine of growth that has supported global commerce for years. >> all aboard! >> including the darkest days of the dark recession. what's happened? stock market never quit, never stopped climbing. it's had a remarkable run with every sector leading the charge at one time or another. before i get into the big remonstrations for the evening. i have gotten the big picture right. the europe, the slowdown of china and the perma low growth, the united...
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Sep 22, 2012
09/12
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on the commerce power. i think it is different practically. then with an actual individual mandate. it is also different on a more theoretical level. that power under the commerce power if you have that power it is not just that you can impose a penalty, you can do anything you want to enforce the mandate. on the taxing power, there is only the power to impose a tax and the chief justice went out of his way to say at some point a tax would be too high that it would amount to the same thing as an impermissible commerce regulations. for many taxpayers, they had a real option to pay the tax instead of biting the premium. -- buying the premium. they're they are different structurally. i do not think there is much in the structure of congress and the way it gets elected for it to be a logical protector or governors which on the power. they of the federal government paying bank they have an instinct that if there is outrage, there must be that there needs to be a federal law to address it. i think it is very diff
on the commerce power. i think it is different practically. then with an actual individual mandate. it is also different on a more theoretical level. that power under the commerce power if you have that power it is not just that you can impose a penalty, you can do anything you want to enforce the mandate. on the taxing power, there is only the power to impose a tax and the chief justice went out of his way to say at some point a tax would be too high that it would amount to the same thing as...
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Sep 26, 2012
09/12
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the great engine of growth that has supported global commerce for years. >> all aboard! >> including the darkest days of the great recession. and what's happened? the stock market never quit. never stopped climbing, it has a remarkable run with almost every sector leading the charge at one time or another, the great rotation. and before i go into the by remistations for the evening. i told you not to waver, to stay the course, the slowdown against china, and the growth that is the united states. the diverse portfolio of high-quality stocks, income producers, and growth stocks with solid dividend boosts. and of course, some gold. these have all been the correct calls to make. i've stuck with it because i believe the europeans are not suicidal. so far, so good on that front. i believe the chinese economy will simply come back by the virtue of the fact there is still tremendous urban migration within china. i believe the accommodative stance will serve as a bridge over a troubled fiscal cliff and will not take us down. at the same time, the fed's stance will continue to mak
the great engine of growth that has supported global commerce for years. >> all aboard! >> including the darkest days of the great recession. and what's happened? the stock market never quit. never stopped climbing, it has a remarkable run with almost every sector leading the charge at one time or another, the great rotation. and before i go into the by remistations for the evening. i told you not to waver, to stay the course, the slowdown against china, and the growth that is the...
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Sep 19, 2012
09/12
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>> we know that china's commerce ministry called on japan to take complete responsibility for any trade fallout, but latest china fdi numbers show china has a lot to lose as well. japanese investment increased 16.2% in the first eight months. but that's much slower than the 50% increase in 2011. on the whole, down 1.4% on year, but that's higher than that of july. january to august, investment inflow declined 4.3% from the previous year. if you look at a breakdown, debt-plagued europe was the weak spot. investment from the u.s. declined 2.8%. foreign investment into the agricultural sector tumbled nearly 15% on year, but the silver lining was in the services sector, hired by over 5% on growing domestic demand. >> i want to thank you very much for sticking around and sharing your thoughts on everything happening. sixuan, we'll see you a little bit later in the program. >>> let's bring you up to speed where we are, just an hour and 15 minutes into trade. after losses yesterday, this is where we stand right now for european equity markets. there's a number of stocks today. heineken says it
>> we know that china's commerce ministry called on japan to take complete responsibility for any trade fallout, but latest china fdi numbers show china has a lot to lose as well. japanese investment increased 16.2% in the first eight months. but that's much slower than the 50% increase in 2011. on the whole, down 1.4% on year, but that's higher than that of july. january to august, investment inflow declined 4.3% from the previous year. if you look at a breakdown, debt-plagued europe was...
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Sep 21, 2012
09/12
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but the people in line now are new commerce. people who have been here all week camping out, they have their phones, they are on their way. we talked to one guy who had been here for eight days long and he thought it was a really good use of his time. >> oh, yes. most definitely. >> now, apple believes that they can keep up with the demand. that's not true online. if you order online right now, you have to wait three to four weeks to get your phone delivered to your house. so there's a lot of hysteria around this phone, especially because this is a big upgrade. a lot of people skipped the last generation because they taught it was too similar to the iphone 4. but those who wanted a new phone, a new design, they're impressed. it's hard to not get swept away with the hype. one person who i do know that got swept up and got a new phone, this guy. >> we all have our weaknesses, natalie. >> we're focusing on the iphone 5 fever that's sweeping the country, wa about the components that go into the new phone? could a weak line in the su
but the people in line now are new commerce. people who have been here all week camping out, they have their phones, they are on their way. we talked to one guy who had been here for eight days long and he thought it was a really good use of his time. >> oh, yes. most definitely. >> now, apple believes that they can keep up with the demand. that's not true online. if you order online right now, you have to wait three to four weeks to get your phone delivered to your house. so...
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Sep 5, 2012
09/12
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the eurozone and they would be sing examining dancing if they had been as hoe as they are in inverted commerce. we caught up with some very academic important men in german, the academic mentor, and asked him some of these questions. for example, what the esm should look like and what the ecb could or could not do. here's what he had to say. >> the problem is that a change, the old friend of policymaking because up until now it was forbidden -- it was a rule not to buy bonds and you understand when they started in 2010 is, well, we have to buy some bonds simply to keep the market floating, to keep them flexible. but meanwhile, it's clear, this is not the idea. so, now the idea is simply to support governments. >> one of the problems of massive bond buying programs is that it knocks the whole market system out of sync, so to speak. it's much easier for governments to buy bonds. this is what the professor also warned about. >> the banks are really financing the governments at this time. and you see there is also specialty because if a bank gives a loan to a private company, then they have to hav
the eurozone and they would be sing examining dancing if they had been as hoe as they are in inverted commerce. we caught up with some very academic important men in german, the academic mentor, and asked him some of these questions. for example, what the esm should look like and what the ecb could or could not do. here's what he had to say. >> the problem is that a change, the old friend of policymaking because up until now it was forbidden -- it was a rule not to buy bonds and you...
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commerce trade till afterward. more news today violence has once again flared up. and these are the images the world has been seeing from the streets of canada. china operations are all today. the mission of free accreditation free transport charges free. range month free risk free studio type of free. download free broadcast quality video for your media projects a free media oh don the r t dot com.
commerce trade till afterward. more news today violence has once again flared up. and these are the images the world has been seeing from the streets of canada. china operations are all today. the mission of free accreditation free transport charges free. range month free risk free studio type of free. download free broadcast quality video for your media projects a free media oh don the r t dot com.
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Sep 28, 2012
09/12
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facebook is rallying today, though, avilan muching its e commerce gifts feature as we head into q 4. we want to hit another channel check. cnbc's running theme all day long. julia borsten on the social media. >> here's what to watch for in the social sector in the quarter ahead. it's all about growth. can social companies like facebook, zenga and groupon return to accelerating growth. will advertisers ship more dollars than just social? on october 23rd facebook reports its quarterly results. we'll be looking for updates on how the social network plans to make money, particularly from its fast-growing mobile user base. zynga mobile users are waiting to see if it can gain in declines. we'll see if groupon can turn its new ventures like mobile payments into new profits. for social i'm julia borsten. >>> don't miss julia's exclusive interview with facebook's sheryl sandberg. it is her first interview since the ipo came out back in may. it is only on cnbc on monday. sue? >>> ty, we are watching apple as you know. the iphone 5 rolling out worldwide today to 22 more countries. apple is down
facebook is rallying today, though, avilan muching its e commerce gifts feature as we head into q 4. we want to hit another channel check. cnbc's running theme all day long. julia borsten on the social media. >> here's what to watch for in the social sector in the quarter ahead. it's all about growth. can social companies like facebook, zenga and groupon return to accelerating growth. will advertisers ship more dollars than just social? on october 23rd facebook reports its quarterly...
SFGTV2: San Francisco Government Television
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Sep 5, 2012
09/12
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the chairman of the tschida chamber of commerce -- china chamber of commerce. and from the china contractors association. and the president of the foreign trade and economic relations commission. and the deputy director general, department of commerce of the inner mongolia, autonomous region. the director of economic and trade office of [unintelligible] province. i would like to mention that locally, we have a city council member from fremont, ms. sue chan and supervisor malia cohen is in the house. thank you for coming. i remember not long ago when vice-president -- the vice- president visited the united states and i traveled to los angeles with our mayor at the time and what an event. and now a few months later, san francisco is probably hosting the seminar with the ministry of commerce. it shows that our golden mountain continues to attract chinese. has never stopped since the 1800's and because san francisco continues to be the city of innovation and full of peril spirit, we will continue to seek an inflow of inbound chinese businessmen and investors. may i
the chairman of the tschida chamber of commerce -- china chamber of commerce. and from the china contractors association. and the president of the foreign trade and economic relations commission. and the deputy director general, department of commerce of the inner mongolia, autonomous region. the director of economic and trade office of [unintelligible] province. i would like to mention that locally, we have a city council member from fremont, ms. sue chan and supervisor malia cohen is in the...
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Sep 28, 2012
09/12
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KQED
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. >> he became the commerce minister and one of the two dozen people who run china. but the communist party says all along he was corrupt. the news announced he will go on trial. it said he had abused his power, taking bribes and done serious damage to the image of china. the trigger for the downfall, the death in china last year of the british businessman neil ha yward. his wife was found guilty of murder and he is accused of trying to cover-up for crime. but not everybody believes the case is simple. one of the top forensic scientist told the bbc in her opinion there is no evidence he was poisoned with cyanide. >> there were no signs of cyanide. it would harm caused immediate debt. his skin should have patches. his blood should have been a bright red. >> whatever the truth, the party will install new leaders in november who will rule for the next decade. bo xilai will not be one of them. the communist party has been tainted by this scandal. it now wants to wrap it up. the prosecuting of bo xilai will raise more questions. how did he get away with so much for so lon
. >> he became the commerce minister and one of the two dozen people who run china. but the communist party says all along he was corrupt. the news announced he will go on trial. it said he had abused his power, taking bribes and done serious damage to the image of china. the trigger for the downfall, the death in china last year of the british businessman neil ha yward. his wife was found guilty of murder and he is accused of trying to cover-up for crime. but not everybody believes the...
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Sep 19, 2012
09/12
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was seen from the earthquake and there was even talk from a china researcher tied to the ministry of commerce that perhaps china should actually jump jgbs, japan government bonds n order to enact some sort of sanction. >> it's a frightening prospect. of course, it's something we've often heard when we talk about relations between u.s. and china given how much debt china also holds and if you do that, you hurt yourself if you're chinese because the value goes down. japan has no shortage of issues on the largest context. my friend has been on many times and hopefully will be on again in a few weeks. we'll have him talking about japan and the keynesian end point when they get to that point, in his opinion, at least, revenues don't even meet. tax revenues don't even meet debt payments. it's not that far off. others say it is nonsense and they have proved at least the critics wrong for a while. >> a lot of questions about whether or not whether or not this will be how it will end with bernanke. this one with demographic issues like japan's, testing the relationship with china. it's not unthinkable
was seen from the earthquake and there was even talk from a china researcher tied to the ministry of commerce that perhaps china should actually jump jgbs, japan government bonds n order to enact some sort of sanction. >> it's a frightening prospect. of course, it's something we've often heard when we talk about relations between u.s. and china given how much debt china also holds and if you do that, you hurt yourself if you're chinese because the value goes down. japan has no shortage of...
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Sep 21, 2012
09/12
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. >> we ask about the agenda focusing on trade and commerce suddenly being overshadowed by beijing's frank comments. >> it has been a strange day. as you said, it started off with backslapping over the growth of the china-eu trade arrangement over the last 10 years. bilateral trade levels have quadrupled. there was praise from the e use side for china and praise from china for the east side, but then, as has already been made clear, suddenly, the chinese decided to get a bit negative and the live transmission was turned off. diplomatically, the eu said he was getting into the substance of the negotiation, but it was the chinese who insisted on that happening. there is a sense that the summit has been sort of run by the chinese. there was not even a final press conference because the chinese wanted a list of which journalists would be there. the european commission had to say that was just not on. there was no press conference of any sort. smiles and backslapping on trade and the economy, and yet, this underlying sense that the chinese are dictating the way the meeting is going on, an
. >> we ask about the agenda focusing on trade and commerce suddenly being overshadowed by beijing's frank comments. >> it has been a strange day. as you said, it started off with backslapping over the growth of the china-eu trade arrangement over the last 10 years. bilateral trade levels have quadrupled. there was praise from the e use side for china and praise from china for the east side, but then, as has already been made clear, suddenly, the chinese decided to get a bit...
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Sep 17, 2012
09/12
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india's commerce department says the move will help with the slowing economy there. the markets are soaring in america. shows you what a little stimulus can do. if only it was as easy to stimulate the economy of the eurozone. but maybe all that bond-buying is doing some good. that was talked about in a 2-day meeting in cyprus that began friday. let's talk with greg hadley. he's president of the bull & bear institute. in regard to what's been going on in europe, are you bullish or bearish? > > you know what, i'm a little bit of both. if you look at it, the ecb, by buying up the short-term notes of basically the pigs, greece- > > that's a key point, though: they're buying the short-term notes. > > it's the short-term notes, which really has been the problem for these countries, is how do they get the short-term financing to continue their governments? they are looking at it, and basically this is a short-term fix on a long-term problem. the structural problems in the eurozone will continue to exist. in fact, right now greece is asking whether or not they should renegot
india's commerce department says the move will help with the slowing economy there. the markets are soaring in america. shows you what a little stimulus can do. if only it was as easy to stimulate the economy of the eurozone. but maybe all that bond-buying is doing some good. that was talked about in a 2-day meeting in cyprus that began friday. let's talk with greg hadley. he's president of the bull & bear institute. in regard to what's been going on in europe, are you bullish or bearish?...
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Sep 10, 2012
09/12
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you think of three kinds of broadly speaking, look at cyberattacks, free commerce. one is to try for you to try to take down networks, whether it's a communications network, for example, take down, shut down your to mutations, financial or something. the other two ways depend on the networks working. one is to use your communications networks to launch an attack against another network ideological grid. so use it as a point. and a third is to use it for content, and this is where the islamists have considerable confidence in radicalizing people over the internet with radical oriented islamic content. so we have an edge in the first two areas. we have the us and the israelis. most skilled people elsewhere on this, probably by governments behind russia and china are very good at that stuff. and that will come into any confrontation we have with them. content, they are more skilled at using than we are but we should certainly use whatever weapons we can. >> thank you, john. that's give john a hand. [applause] >> we would like to hear from you. tweet us your feedback, t
you think of three kinds of broadly speaking, look at cyberattacks, free commerce. one is to try for you to try to take down networks, whether it's a communications network, for example, take down, shut down your to mutations, financial or something. the other two ways depend on the networks working. one is to use your communications networks to launch an attack against another network ideological grid. so use it as a point. and a third is to use it for content, and this is where the islamists...
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Sep 17, 2012
09/12
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immigration system, he'll speak before the hispanic chamber of commerce today. john harwood was with us earlier, talking about that, and i hope you saw him, because he's not going to join us at 6:20, because it's 7:47. >> it is 7:47, if you missed it we'll give you an update. >>> coming up, parting shots from our guest host barry knapp and a little tease, i want to you give us a little inside the room with romney from last week, maybe you'll do that for us. >> sure. >>> taking over in the next hour, michael spence, nobel laureate in economics, we'll get his take on the markets, jobs and the fed's new round of easing. >>> up next on "squawk box," don't start your day without knowing the names that will make you money. joe has your list of stocks to watch, right after the break. nn] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade,
immigration system, he'll speak before the hispanic chamber of commerce today. john harwood was with us earlier, talking about that, and i hope you saw him, because he's not going to join us at 6:20, because it's 7:47. >> it is 7:47, if you missed it we'll give you an update. >>> coming up, parting shots from our guest host barry knapp and a little tease, i want to you give us a little inside the room with romney from last week, maybe you'll do that for us. >> sure....
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Sep 18, 2012
09/12
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the problem they're seeing, so it's a little bit of a two-fold situation with the consumer through e-commerce doing relatively well, the manufacturing side being softer, impacting express. >> we're trying to glean whether the economy itself, how much we can actually derive from what fedex is saying here about the overall economy, where kind of our theme today, we talked about the shock and awe from the fed, and whether ben bernanke and company actually knew something was worse than they thought or whether they're doing this because they have a dual mandate. do you think that the economy is worse than we think right now, christian, from fedex? >> sure i think from fedex as well as a host of other transportation companies that we've gotten information on over the course of the third quarter, it would imply the economy is in a soft state here in the u.s., we've gotten trucking companies, preannounced at the downside, you've seen september volumes across all of transportation be weaker than expected and remember fedex's quarter ended in august so this is a further bolt onto that but yeah the bott
the problem they're seeing, so it's a little bit of a two-fold situation with the consumer through e-commerce doing relatively well, the manufacturing side being softer, impacting express. >> we're trying to glean whether the economy itself, how much we can actually derive from what fedex is saying here about the overall economy, where kind of our theme today, we talked about the shock and awe from the fed, and whether ben bernanke and company actually knew something was worse than they...
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Sep 18, 2012
09/12
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to carl's point it seems it is a metaphor of worldwide commerce which is a reflection of growth and it doesn't seem to be telling us anything particularly good. >> an analogue, a met a more, or a s asimply. >> let's do it all. >> we certainly see it in terms of the impact on ups as well. at the same time, jim, could this, in fact, be the buying opportunity on this time on the pullback ahead of the fourth quarter which is traditionally strong? i mean that is the cycle. if you believe consumers are going to be okay and they're going to buy and ship things to other family members around the world, maybe this your opportunity to get in on the stock on the pullback. >> those who did that last time made money. it went from 85, bounces to 90. i wouldn't be surprised if by tomorrow people say, you know what? this is my play. now the expectations are lowered. the expectations are so low this is no longer factoring in the apple iphone 5. >> so let me factor in another layer of questioning. that is fedex or ups is seeing a pullback. ups has a much bigger dividend play. so if you're going to play
to carl's point it seems it is a metaphor of worldwide commerce which is a reflection of growth and it doesn't seem to be telling us anything particularly good. >> an analogue, a met a more, or a s asimply. >> let's do it all. >> we certainly see it in terms of the impact on ups as well. at the same time, jim, could this, in fact, be the buying opportunity on this time on the pullback ahead of the fourth quarter which is traditionally strong? i mean that is the cycle. if you...
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Sep 27, 2012
09/12
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spent a lot of money, time and attention on the in-store experience, but how do you think about the e-commerce experience right now? it doesn't seem like you're spending a lot of must be on advertising online right now on that issue. >> we spend about 0.0000, which having the phenomenal 90% growth that we have on e-commerce, i think speaks for itself and it's driven by product. it's driven by a relationship in the stores and the guests really seeking us out, and so it's all organic growth. >> is that something that changes over time? >> i think you never say never. i think what we always look for is a real true authentic connection with the guests and that we've really earned it rather than that we've bought it, and that's been our philosophy all along, and the guest have resonated with that because they're always in choice about choosing our product and our job is to keep it the best product ever and be in an authentic relationship with the guests and we've built the brand on that and continue to see that as our strength. >> christine, thank you very much for joining us today. pleasure talkin
spent a lot of money, time and attention on the in-store experience, but how do you think about the e-commerce experience right now? it doesn't seem like you're spending a lot of must be on advertising online right now on that issue. >> we spend about 0.0000, which having the phenomenal 90% growth that we have on e-commerce, i think speaks for itself and it's driven by product. it's driven by a relationship in the stores and the guests really seeking us out, and so it's all organic...
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Sep 25, 2012
09/12
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manufacturing trade subcommittee for the energy and commerce committee and representative coming you just held a hearing recently on apps. what was the point of the hearing? >> to make sure that we explore what is going on in this area and there are so many jobs being created and we want to make sure any policies we put forward in washington don't squash the ballooning industry. ten years ago, 15 years ago, nobody thought of this. it's a relatively new industry that has been unleashed because of great ideas and we certainly don't want the government to come and destroy that. >> what were some of the problems that you saw in this area that he would like to address? >> one of the biggest problems is the work force. they are still looking for more people to move into this industry to develop that and work on creating the applications and all that goes into. that's the biggest problem that fewer people have that somehow in washington we are going to decide your way to tell liver but how to do their business or how not to do their business and hurt a growing business. the only real fear i
manufacturing trade subcommittee for the energy and commerce committee and representative coming you just held a hearing recently on apps. what was the point of the hearing? >> to make sure that we explore what is going on in this area and there are so many jobs being created and we want to make sure any policies we put forward in washington don't squash the ballooning industry. ten years ago, 15 years ago, nobody thought of this. it's a relatively new industry that has been unleashed...
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Sep 19, 2012
09/12
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they qaeda the chief justice said sent to jail because once commerce legislates under the commerce power, it is not permitted to just imposing tax like action were under the taxing power, that is what they get to do. the limit, which i think is real and i think would be enforceable is the one thing they couldn't do commercial bank for some taxpayers that come close to doing it so you have a choice. your choice is either buy health insurance or pay tax on the amount of your premium. i think the chief justice's opinion for just congress could not do that. but we made it a case to litigate and i ready. [laughter] >> right back there in the middle-of-the-road. >> hi, derek made man from william and mary. i just want to say i find very persuasive all the things you're saying, but i'd like to play devil's advocate against a point and that is the intended impropriety of treating the affordable care at tax as an indirect permissible tax by analogy. there is an economic rationale, which says that committees that create negative externalities mayoress intervention. so i guess for example an 18th c
they qaeda the chief justice said sent to jail because once commerce legislates under the commerce power, it is not permitted to just imposing tax like action were under the taxing power, that is what they get to do. the limit, which i think is real and i think would be enforceable is the one thing they couldn't do commercial bank for some taxpayers that come close to doing it so you have a choice. your choice is either buy health insurance or pay tax on the amount of your premium. i think the...
SFGTV2: San Francisco Government Television
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Sep 11, 2012
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of northern care of -- kawai and chamber of commerce of northern california, northern california chinese athletic association, national association of american professionals, national federation of independent business, national federation of filipino americans, the filipino chamber of commerce, around of applause for all of our community partners, please. that was a lot. [applause] >> i am so glad he had to do that. our next speaker is u.s. congressmen. he is representing the 15th congressional district of california in the u.s. house of representatives. in congress, he is a member of the powerful house appropriations and budget committee. share of the democratic caucuses, new media working group, house democratic senior went, and the original author of the equity and excellence commission now housed in the u.s. department of education. his district includes silicon valley, the birthplace of technology. mike has dedicated his life to public service and is lauded for his work on education, civil- rights national service, immigration, transportation, the environment, and high-tech issues.
of northern care of -- kawai and chamber of commerce of northern california, northern california chinese athletic association, national association of american professionals, national federation of independent business, national federation of filipino americans, the filipino chamber of commerce, around of applause for all of our community partners, please. that was a lot. [applause] >> i am so glad he had to do that. our next speaker is u.s. congressmen. he is representing the 15th...
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there is a ton of commerce and cargo that goes through there i saw. how important do you think it is that our military is there in the strait making sure it is open? >> it is very important. this part of the world they have probably 50% of their food comes through this waterway. so, blockading the waterway, this is a global situation. it is not regional. it is not country, has some you know, tension with some other country. this is a global business. the russians, the chinese and everybody else. melissa: yeah. >> it is in their best interests to have it open. melissa: if sequestration or automatic cuts impacted our forces in this area, obviously that would be a huge problem? >> very unlikely. this a part of the world we're not going to abdicaate. this is a very critical part for us. national security depends on this part of the world to be open for oil flow. it is absolutely essential. melissa: yeah, it is essential. fadel, we'll leave it on that note. thank you very much for joining us. >> thank you. melissa: what can democrats do to win over skeptic
there is a ton of commerce and cargo that goes through there i saw. how important do you think it is that our military is there in the strait making sure it is open? >> it is very important. this part of the world they have probably 50% of their food comes through this waterway. so, blockading the waterway, this is a global situation. it is not regional. it is not country, has some you know, tension with some other country. this is a global business. the russians, the chinese and...
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Sep 10, 2012
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in her work hoover, when i got to the commerce department i wondered why would you name the commerce building after the president responsible for the depression, not to betray my partisan leanings, but i developed a lot of respect for her but hoover. herbert hoover we have not been the best president, but he was a great commerce secretary. they called him the secretary of commerce and undersecretary of everything else. he was working for calvin coolidge, you know what he did? he believed in the urban american system coming and he had calvin coolidge, the great apostle of the limited government poured in billions of dollars to separate the aviation industry. so the help which is now still in wichita kansas, funding the existence of the infrastructure. and calvin coolidge, which i quote in the book talks about the importance of the investment in roads, and you have eisenhower of course with the highways and even ronald reagan invested in the semiconductor industry, and the manufacturing partnership which now some people think is irrelevant or bureaucratic was actually the grandchild of
in her work hoover, when i got to the commerce department i wondered why would you name the commerce building after the president responsible for the depression, not to betray my partisan leanings, but i developed a lot of respect for her but hoover. herbert hoover we have not been the best president, but he was a great commerce secretary. they called him the secretary of commerce and undersecretary of everything else. he was working for calvin coolidge, you know what he did? he believed in the...
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Sep 24, 2012
09/12
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, manufacturing and trade subcommittee for energy and commerce committee, and, representative bono mack, you just held a hearing recently on apps. what was the point of your hearing? >> guest: well, the point was to make sure we explore what's going well in this area. there are so many jobs that are being created there, we want to make sure any policies we put forward in washington don't squash a blooming industry, a blooming, you know, ten years ago, fifteen years ago, nobody thought of this. it's a relatively new industry that has been unleashed because of great ideas, and we certainly don't want the government to come in and i do that. >> host: and what were some of the problems that you saw in this area that you'd like to address? >> guest: you know, one of the biggest problems is the work force, that they're still looking for more and more people to move into this industry to develop apps, to work on creating apps, all that goes into it. basically, that's the biggest problem, i think, the fears people have, of course, are somehow that we're going to in washington, we're going to de
, manufacturing and trade subcommittee for energy and commerce committee, and, representative bono mack, you just held a hearing recently on apps. what was the point of your hearing? >> guest: well, the point was to make sure we explore what's going well in this area. there are so many jobs that are being created there, we want to make sure any policies we put forward in washington don't squash a blooming industry, a blooming, you know, ten years ago, fifteen years ago, nobody thought of...
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Sep 23, 2012
09/12
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fofor the rest othe washington region jim -- president and ce of t the fairfax c county chamber of commerce. aleyes o fairfax county because when fairfax county is doing well, the rising tide lifts all vovotes. what industries the o welell and seeing g growth and wher are you seeing some lagging behind? >> t thank you for having me today. in fairfax county, we are fortunate. the economy continues to do very well. there are some concerns on the horizon asou mentioned in your ening but we continue seat -- to see busininess growth.. in northern virginia last year, 30,000 jobs were added. compared to approximate 10,000 in the district and 1000 in the maryland suburbs. businesses continuedo ow in fairfax county and northern rginia. >> and landed at big companinies. hilton now headquartered. what are some ways you haveeenn attracting businses to pick fafairfax county? >> and number of other companies have relocated even this past year. a company move f from maryland, a government contractoand i.t. prider and bechtel moved its headquarrs. busisinesses areontinuing to look at fairfax county as a gr
fofor the rest othe washington region jim -- president and ce of t the fairfax c county chamber of commerce. aleyes o fairfax county because when fairfax county is doing well, the rising tide lifts all vovotes. what industries the o welell and seeing g growth and wher are you seeing some lagging behind? >> t thank you for having me today. in fairfax county, we are fortunate. the economy continues to do very well. there are some concerns on the horizon asou mentioned in your ening but we...
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Sep 18, 2012
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if you go back to the commerce power argument in the commerce power argument the fact the congress had never done this before and for 200 years congress had every incentive to impose mandates on people to solve social problems but they never used that authority in 200 years was viewed as one of the challenge's most powerful arguments that when it comes to the taxing power of the fact that this tax doesn't come with in any recognized category of direct tax or indirect tax is seen as the key to why it is not an impermissible direct tax. the other part of the analysis the chief justice focused on was the fact that in the framing generation there was a tax on carriages. on owning a carriage. that issue divided the framers. madison thought that was an impermissible direct tax. hamilton thought it was permissible in direct tax. the issue made it to the supreme court and the supreme court decided with hamilton. the problem is as the chief's analysis makes clear this isn't a tax on buying health insurance. this is a tax on not having health insurance. the analogy is not a tax on having a carri
if you go back to the commerce power argument in the commerce power argument the fact the congress had never done this before and for 200 years congress had every incentive to impose mandates on people to solve social problems but they never used that authority in 200 years was viewed as one of the challenge's most powerful arguments that when it comes to the taxing power of the fact that this tax doesn't come with in any recognized category of direct tax or indirect tax is seen as the key to...
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commerce trade to work after they were dating. russia would be too much brighter if you live by phone from phones to freshen. down totty don't come. with our teeth canada has severed diplomatic ties with iran closing its tampa st iran and expelling iranian diplomats from the country explaining the surprise move officials said that to iran represents the biggest threat to global security with its nuclear activities support for the syrian regime and threats against israel tehran slammed the decision accusing canada of a radical foreign policy that puts the interests of israel ahead of those of its own citizens by michelle just adopt the director of the center for research and globalization based in montreal's believes canada wasn't the one making the decision here this is it's hardly state but the moment it's. really also very serious this is because it closes down communication isolates the rod it's taking diplomacy and it is creating call boy good lomas the so to speak this is what you can in all of what was taken in canada is ver
commerce trade to work after they were dating. russia would be too much brighter if you live by phone from phones to freshen. down totty don't come. with our teeth canada has severed diplomatic ties with iran closing its tampa st iran and expelling iranian diplomats from the country explaining the surprise move officials said that to iran represents the biggest threat to global security with its nuclear activities support for the syrian regime and threats against israel tehran slammed the...
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Oct 1, 2012
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the commerce clause was not part of that agenda. again, in a story that i tell in my book, "the oath", the idea that an individual mandate was unconstitutional was invented essentially six months before the law was passed. it had been an idea pioneered by the conservative foundation in the late 1980s. for decades it had been discussed, and no one had ever suggested that it was unconstitutional. someone might have noticed, if it really was unconstitutional during all that time. but it wasn't an example, and i believe, roberts think it was a kind of political frenzy. a desire on the part of republicans to defeat this law at any cost, any price, and robert said that this is a diversion from what we need to do as conservatives. he did not, suddenly, last june, discover his inner moderate. he is not going to suddenly start siding with the four liberals in other cases. but, in this case, he preserved his plays in the courts place is a relatively neutral arbiter and expanded his own power and reputation enormously, which he would use to ad
the commerce clause was not part of that agenda. again, in a story that i tell in my book, "the oath", the idea that an individual mandate was unconstitutional was invented essentially six months before the law was passed. it had been an idea pioneered by the conservative foundation in the late 1980s. for decades it had been discussed, and no one had ever suggested that it was unconstitutional. someone might have noticed, if it really was unconstitutional during all that time. but it...
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Sep 20, 2012
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bigger than any other online e-commerce category combined. we're very focused on being the best place to plan and book travel. we've had a lot of success. we're established with over 100 million queries per month. we're fewer than 200 people. we innovate as well. a great place to be. >> one of the things that plagues you, will plague people about thinking of owning your shares longer terms, the question of google. it always comes up in interviews. they bought ita. therefore they own the company through which a lot of you are operating. we know that. that said, how have you learned to tell the story in a different way that reassures investors? because clearly that's what's happening here. it was in the s-1. now you're telling the story in a different way. >> i think google's got their hands full with apple and facebook and amazon and microsoft. >> they've got pretty big hands. >> they do have big hands. we've been competing with google since our inception. they're actually good partners of ours as well. they've had their flight search and thei
bigger than any other online e-commerce category combined. we're very focused on being the best place to plan and book travel. we've had a lot of success. we're established with over 100 million queries per month. we're fewer than 200 people. we innovate as well. a great place to be. >> one of the things that plagues you, will plague people about thinking of owning your shares longer terms, the question of google. it always comes up in interviews. they bought ita. therefore they own the...
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Sep 20, 2012
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if it has an affect on the united states commerce, commerce of the united states, and if this affect is adverse, then following the statute that congress wrote for us, we're supposed to challenge the deal. >> tom: we have european regulators stop u.s. companies from merging a decade ago, ge and honeywell were stopped because of the eu, this year the nyse had to break apart their planned merger. is there a competition among international regulators. >> i think among international regulators or anti-trust enforcement agencies there is much more comedy than competition. so much commerce is global now and the laws within the european union and the united states have converged considerably over its last few decades. that for the most part, we usually come to the same conclusions on the same mergers. now there might be some differences when the market shares are different. and the economic effects are different in different geographic markets like the eu and the united states. >> one investigation that has been admitted to gooseel continues to be under review by your agency, whether or not
if it has an affect on the united states commerce, commerce of the united states, and if this affect is adverse, then following the statute that congress wrote for us, we're supposed to challenge the deal. >> tom: we have european regulators stop u.s. companies from merging a decade ago, ge and honeywell were stopped because of the eu, this year the nyse had to break apart their planned merger. is there a competition among international regulators. >> i think among international...
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Sep 20, 2012
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it does this by expanding on an existing commerce department report and charges the commerce department to identify certain policies and regulations, whether those are in existence intentionally or more importantly indirectly or unintentionally that might create a barrier for investment here in the united states. it also helps us gain a better understanding of which current policies promote this much-needed global investment into the united states and into our communities. mr. speaker, in illinois, in sourcing currently accounts for a little over 273,000 direct jobs, including many great jobs in the 10th district of illinois. but it's not just in illinois. the benefits of this inbound investment is seen in literally every state, helping us to sustain innovation, manufacturing, trade, supplier networks, and over five million direct jobs throughout our nation. but with other nations actively reforming their policies in an effort to make their countries increasingly more competitive for tpwhrobal investments, it's critical that the united states do the same. promoting and encouraging globa
it does this by expanding on an existing commerce department report and charges the commerce department to identify certain policies and regulations, whether those are in existence intentionally or more importantly indirectly or unintentionally that might create a barrier for investment here in the united states. it also helps us gain a better understanding of which current policies promote this much-needed global investment into the united states and into our communities. mr. speaker, in...
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Sep 25, 2012
09/12
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at that related to the commerce clause, individual mandate. we began the litigation and motions were filed by the government. and in oklahoma, when the case was taken up by the supreme court. as of the decision in june, i filed a motion to lift the stay in oklahoma, the eastern district, asking judge white to consider an amendment. as you know, the original challenge was about constitutionality of the law. this is about implementation. this addresses the concerns about the irs a world that was adopted may 18 specifically, and the affordable care act's the implementation, if you will, of the employer mandate, the penalty under the law dealing with large employers. it is about that role an inconsistency with the language, the statute, and seeking to hold the pro- government accountable as it relates to implementing that particular portion of the law. host: what about that part of the law? is it unconstitutional or illegal? guest: the specifics include cross that under the aca, a state does not adopt a state health care exchange, then the subsidi
at that related to the commerce clause, individual mandate. we began the litigation and motions were filed by the government. and in oklahoma, when the case was taken up by the supreme court. as of the decision in june, i filed a motion to lift the stay in oklahoma, the eastern district, asking judge white to consider an amendment. as you know, the original challenge was about constitutionality of the law. this is about implementation. this addresses the concerns about the irs a world that was...
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Sep 12, 2012
09/12
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the decision gives a lift to a lot of bank stocks, including the commerce bank, italy's unicredit. the news also sending bond yields a little bit lower here. the spanish two-year, take a look at 2921, and the euro having a good week as the shorts continue to get steered out of that position. eu euros a little over 1.29, the netherlands where a general election is underway. that being seen as a test of whether europeans will, in fact, embrace an austerity-lead unionization. >>> speaking of which, let's get to michelle caruso-cabrera who is live in madrid with why on spain may soon ask for a bailout. michelle, good morning. >> reporter: hey there, carl, good morning to you. this morning, the prime minister of spain indicated that he might go to the ecb and ask for their help in lowering interest rates. it's not actually a full-on bailout, but it is something close to it. if you'll recall, back in the last week, he offered countries two choices, you can go get a full bailout, that's fine, or that's something like greece has. you get money, need that money to pay your bills, needs that
the decision gives a lift to a lot of bank stocks, including the commerce bank, italy's unicredit. the news also sending bond yields a little bit lower here. the spanish two-year, take a look at 2921, and the euro having a good week as the shorts continue to get steered out of that position. eu euros a little over 1.29, the netherlands where a general election is underway. that being seen as a test of whether europeans will, in fact, embrace an austerity-lead unionization. >>> speaking...